We’re probably forming wave 4, leg c(or y) to 60k. Would be a nice start for a much bigger base at around 60k for the continued bullrun
That would give us a strongly sustaining $ and falling btc/stocks imo
The weekly close from January is 32320. it should hold the 50 week sma. Or we visit the 100 or 200
I expect a impulsive decline to the 500 area, which is the monthly closing level.
I see a finished A in 5 waves. That could be followed by a 3 wave correction B to fall in 5 waves to the bottom low C
…..and most probably a higher low. So, What’s the problem ?